PNC Financial Services Group Inc. Buys New Shares in Invesco S&P 500 Pure Growth ETF $RPG

PNC Financial Services Group Inc. bought a new stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,182 shares of the company’s stock, valued at approximately $522,000.

Other institutional investors have also recently made changes to their positions in the company. Founders Financial Alliance LLC raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 354.9% during the third quarter. Founders Financial Alliance LLC now owns 514 shares of the company’s stock valued at $25,000 after purchasing an additional 401 shares during the period. International Assets Investment Management LLC bought a new stake in Invesco S&P 500 Pure Growth ETF in the 4th quarter worth about $29,000. Financial Life Planners bought a new stake in Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth about $45,000. Aventura Private Wealth LLC bought a new stake in Invesco S&P 500 Pure Growth ETF in the 4th quarter worth about $47,000. Finally, Bessemer Group Inc. bought a new stake in Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth about $58,000.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of RPG stock opened at $60.67 on Tuesday. Invesco S&P 500 Pure Growth ETF has a 52-week low of $42.38 and a 52-week high of $60.92. The company has a 50-day simple moving average of $53.42 and a two-hundred day simple moving average of $49.83. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 24.25 and a beta of 1.21.

About Invesco S&P 500 Pure Growth ETF

Guggenheim S&P 500 Pure Growth ETF, formerly Rydex S&P 500 Pure Growth ETF, seeks to replicate as closely as possible the performance of the S&P 500 Pure Growth Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.